CEPA proposes using Romanian gas from Neptun Deep for a European strategic reserve in Ukraine
The increase in gas production in Romania after the entry into operation of Neptun Deep could be combined with Ukraine’s…
INS: Romania’s crude oil production fell by 8%, imports fell by 30% in Q1
Romania produced, in the first three months of 2026, a quantity of crude oil of 579,400 tons of oil equivalent…
Works begin at Neptun Deep offshore pipeline
OMV Petrom, the largest integrated energy producer in Southeastern Europe, and SNGN ROMGAZ SA, the largest producer and main supplier…
ELCEN has launched a tender for the new cogeneration plant at CTE Progresu, a total investment of 825 million lei
ELCEN has launched the procurement process for the EPC contract related to the project “Implementation of high-efficiency cogeneration units using…
OMV Petrom: Krum-1 exploration well in the Han Asparuh area did not discover significant gas volumes
OMV Petrom announces the completion of drilling operations at the Krum-1 exploration well, the second exploration well drilled in the…
Volatility will continue to define the energy sector in 2026, says Cristian Hubati, OMV Petrom
The word that has defined the energy market in recent years, and that applies this year as well as in…
OMV Petrom joins Shell and TPAO in Bulgarian offshore exploration project Han Tervel
OMV Petrom announces its entry into the exploration consortium for the offshore Han Tervel block in the Bulgarian Black Sea.…
Romania’s gas imports increased by 75% in 2025
Romania’s usable natural gas production in 2025 was 7.503 million tons of oil equivalent, 67,500 toe below the previous year…
Bulgarian Energy Holding (BEH) joins Han Asparuh exploration consortium
The Bulgarian state, through Bulgarian Energy Holding (BEH), has joined the Han Asparuh offshore exploration consortium in the Bulgarian Black…
OPEC+ cut its oil supply by 0.5% in December
The OPEC+ oil alliance, led by Saudi Arabia and Russia, produced an average of 42.83 million barrels of oil per…
OMV Petrom confirms possibility of new gas discoveries in Black Sea
OMV Petrom officials say the Neptun Deep development is progressing according to schedule, with first natural gas expected in 2027,…
Romgaz announces new exploration activities to identify and evaluate the energy potential of the Black Sea
The National Natural Gas Company Romgaz has announced the continuation of exploration within the XIX Neptun perimeter, but also the…
Three companies have expressed their intention to acquire Lukoil assets
Three companies have expressed their intention to acquire Lukoil’s assets in Romania, both the refinery and the gas station networks,…
Bușoi: Carbon storage obligations in the Net Zero Industry Act for Romania are not economically justified
The CO2 storage obligations, provided for in the “Net Zero Industry Act”, are far disproportionate to the emissions that Romania…
Romgaz approves new bond issues worth 750 mln. euro
Romgaz shareholders approved on Monday the launch of bond issues with a maximum total value of 750 million euro, according…
Romgaz sued the European Commission to annul the NZIA regulation on carbon storage
Romgaz has filed a direct action against the European Commission with the Court of Justice of the European Union, mainly…
MMT completes the overhaul of the offshore terminal serving Petromidia
Midia Marine Terminal (MMT), a member company of KMG International (Rompetrol) Group, has recently completed a key stage of technical…
Bilfinger to provide engineering services for BSOG Energy’s first biomethane plant in Alba county
Bilfinger, an international industrial services provider, has signed a contract with BSOG Energy (BSOGE), a wholly owned subsidiary of Black…
OMV Petrom and NewMed Energy sign 80 mln. USD contract for Han-Asparuh drilling vessel
OMV Petrom and NewMed Energy Balkan, a subsidiary of New Med Energy, announce the contract for the vessel to drill…
Gas production fell by 1.7% in the first 5 months of 2025; imports increased by 61%
Romania”s usable natural gas production was, in the first five months of 2025, 3.151 million tons of oil equivalent, 54,500…
Arguments for declaring the Caragele Deep deposit a project of national importance (Mihai Melintei, Energy Analytical Studies)
Mihai Melintei, Energy Analytical Studies In the current geopolitical and economic context, marked by regional instability, rising energy prices and…
OMV Petrom announces new gas discovery, to invest 5.8 billion lei in E&P
OMV Petrom, the largest integrated energy producer in South-Eastern Europe, announces the discovery of a new natural gas field in…